Novocure Reports Fourth Quarter and Full Year 2018 Financial Results and Provides Company Update

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NovoCure Ltd. (NVCR) PT Raised to $59 at Wedbush

March 1, 2019 11:24 AM EST

Wedbush analyst David Nierengarten raised the price target on NovoCure Ltd. (NASDAQ: NVCR) to $59.00 (from $55.00) while maintaining a Outperform rating.

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Novocure (NVCR) Misses Q4 EPS by 4c, Revenues Miss

February 28, 2019 6:14 AM EST

Novocure (NASDAQ: NVCR) reported Q4 EPS of ($0.17), $0.04 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $69.7 million versus the consensus estimate of $71.42 million.

Quarterly net revenues of $69.7 million, representing 30 percent growth versus the fourth quarter 2017 and 8 percent growth versus the third quarter 2018Full... More